Automundo China
BYD to boost inroads into Korea with Affinity partnership
BYD is expected to make quicker inroads into the Korean market by leveraging potential ties with Affinity Equity Partners, a Hong Kong-based private equity firm that holds management rights for the two largest rental car companies in the country, industry officials and experts said, Thursday.
EV sales set to overtake traditional cars in China years ahead...
Volumes forecast to rise 20% next year, smashing international projections and Beijing’s official targets
BYD’s 10 millionth electric compressor rolls off the production line, taking...
Bitauto News: Recently, BYD's 15th Division Air Conditioning Factory announced the official rollout of its 10 millionth electric compressor. BYD stated that it took 120 months to go from the birth of the first prototype in 2011 to the production of the 1 millionth unit in 2021. However, it only took 30 months to reach 5 million units by 2023, and just 17 months to reach the current milestone of 10 million units.
Tesla escalates China EV price war ahead of 2025
Additional price reductions by Tesla for its Model Y rear-wheel drive model in China are expected to further intensify the already fierce price wars in China's electric vehicle (EV) market.
BYD offers free car insurance for Ocean lineup in year-end sales...
BYD is offering free vehicle insurance worth up to RMB 5,000 ($690) on a number of Ocean lineup models, ramping up promotions ahead of the Chinese New Year.
Tesla face wave of Chinese auto rivals in humanoid robots race
Following Xiaomi's venture into electric vehicles, automakers are now emerging as key players in the humanoid robot market. Tesla CEO Elon Musk recently announced that the company's future focus will gradually shift from electric vehicles (EVs) to humanoid robots, particularly its "Optimus" model, which he described as Tesla's core competitive advantage for the next decade.
Chinese electric vehicle maker BYD’s construction site under scanner in this...
The BYD construction site workers have been found labouring for long hours, in excess of those allowed by Brazilian law, sometimes for seven days a week, while being kept in what authorities described as degrading conditions, among other labour violations.
Tesla’s Shanghai megafactory to complete construction by end of year
An aerial drone photo taken on Sept. 26, 2023 shows the Tesla Gigafactory in Lingang new area of the China (Shanghai) Pilot Free Trade...
BYD’s 10 millionth electric compressor rolls off the production line, taking...
Bitauto News: Recently, BYD's 15th Division Air Conditioning Factory announced the official rollout of its 10 millionth electric compressor. BYD stated that it took 120 months to go from the birth of the first prototype in 2011 to the production of the 1 millionth unit in 2021. However, it only took 30 months to reach 5 million units by 2023, and just 17 months to reach the current milestone of 10 million units.
